Pennies From The 1850s Worth 450 Million Usd

The Saddle Ridge Hoard

The Saddle Ridge Hoard consists of 1,427 gold coins dating from 1847 to 1894, including the nine rare pennies from the 1850s. The coins were found in eight cans buried under a tree on the couple's property.

Rarity and Value

The nine pennies from the 1850s are particularly valuable due to their rarity and historical significance. Minted during the Gold Rush era, these coins are in remarkably good condition, adding to their value.

The Importance of Preservation

Upon discovery, the coins were carefully preserved to maintain their value and historical significance. Proper storage and handling are essential for maintaining the condition of rare coins.

Auction and Sale

In 2014, the Saddle Ridge Hoard was sold to an anonymous buyer for a reported $10 million USD. The hoard garnered international attention and is considered one of the most significant discoveries of buried treasure in U.S. history.

Impact on Numismatics

The discovery of the Saddle Ridge Hoard has had a significant impact on the field of numismatics, sparking renewed interest in coin collecting and the history of the Gold Rush era.